Southwest Financial Bank and Trust Company in New Lenox, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 06, 1996

  • Southwest Financial Bank and Trust Company in New Lenox, Illinois (IL)
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Southwest Financial Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 22654
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Southwest Financial Bank and Trust Company (#22646)
    Federal Reserve ID: 598730
    Date Established: May 15, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 15809
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 15, 1978
    Last Structure Change Effective Date: October 06, 1996
    Last Structure Change Process Date: October 29, 1996
    Last Data Update: October 29, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 East Lincoln Highway, New Lenox, IL 60451
    County: Will
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $127.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $87Total assets
  • $127,896Cash and due from depository institutions
  • $13,371Interest-bearing balances
  • $0Securities
  • $23,616Federal funds sold & reverse repurchase agreements
  • $11,400Net loans & leases
  • $75,449Loan loss allowance
  • $1,029Trading account assets
  • $0Bank premises and fixed assets
  • $1,501Other real estate owned
  • $1,275Goodwill and other intangibles
  • $1,284Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $127,896Total liabilities
  • $116,675Total deposits
  • $115,520Interest-bearing deposits
  • $83,941Deposits held in domestic offices
  • 115520.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,155Total equity capital
  • $1,155Total bank equity capital
  • $11,221Perpetual preferred stock
  • $0Common stock
  • $1,940Surplus
  • $5,735Undivided profits
  • Memoranda
  • $3,546Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,271Income earned, not collected on loans
  • $571Earning assets
  • $110,465Long-term assets (5+ years)
  • $14,978Average Assets, year-to-date
  • $129,546Average Assets, quarterly
  • $128,847Volatile liabilities
  • $15,111Insider loans
  • $1,312FHLB advances
  • $0Loans and leases held for sale
  • $105Unused loan commitments
  • $10,344Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,174Total risk weighted assets
  • $88,554Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,122Total interest expense
  • $3,370Net interest income
  • $5,752Provision for loan and lease losses
  • $354Total noninterest income
  • $1,672Fiduciary activities
  • $115Service charges on deposit accounts
  • $1,236Trading account gains & fees
  • $0Additional noninterest income
  • $321Total noninterest expense
  • $5,805Salaries and employee benefits
  • $2,721Premises and equipment expense
  • $1,444Additional noninterest expense
  • $1,640Pre-tax net operating income
  • $1,265Securities gains (losses)
  • $0Applicable income taxes
  • $397Income before extraordinary items
  • $868Extraordinary gains - net
  • $0Net income attributable to bank
  • $868Net charge-offs
  • $435Cash dividends
  • $47Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.23%Cost of funding earning assets
  • 3.04%Net interest margin
  • 5.19%Noninterest income to earning assets
  • 1.51%Noninterest expense to earning assets
  • 5.24%Net operating income to assets
  • 0.67%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 0.98%Return on equity (ROE)
  • 8.38%Retained earnings to average equity (YTD only)
  • 7.93%Net charge-offs to loans
  • 0.56%Credit loss provision to net charge-offs
  • 81.38%Efficiency ratio
  • 78,192Assets per employee
  • 1.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.41%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 31.46%Noncurrent assets plus other real estate owned to assets
  • 3.55%Noncurrent loans to loans
  • 4.28%Net loans and leases to deposits
  • 65.31%Net loans and leases to core deposits
  • 75.14%Equity capital to assets
  • 8.77%Core capital (leverage) ratio
  • 8.78%Tier 1 risk-based capital ratio
  • 12.62%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $129,546Average earning assets
  • $10,353Average equity
  • $110,848Average loans

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